Avenue Supermarts opens new Dharwad store; total count hits 510
- Avenue Supermarts opened a new store in Narayanpur, Dharwad, on September 17, 2026
- Total store network expands to 510 locations nationwide
- Regulatory filing confirmed by Company Secretary Ashu Gupta
*this image is generated using AI for illustrative purposes only.
Avenue Supermarts opened a new retail outlet in Narayanpur, Dharwad, Karnataka, on September 17, 2026. The addition brings the company’s total store network to 510 locations.
The Company Secretary and Compliance Officer, Ashu Gupta, confirmed the opening in a regulatory filing submitted to the BSE and NSE. The notification serves as an intimation of the new store launch for record-keeping purposes.
Expansion Details
The new store is located in Narayanpur, within the Dharwad district of Karnataka. This expansion adds to the retailer’s existing presence in the state.
| Location | District | State | Total Stores | Date |
|---|---|---|---|---|
| Narayanpur | Dharwad | Karnataka | 510 | September 17, 2026 |
The filing was digitally signed by Ashu Gupta and timestamped at 3:48 pm. Avenue Supermarts continues to disclose new store openings through standard exchange communications.
Historical Stock Returns for Avenue Supermarts DMart
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.24% | -0.64% | -8.59% | -2.79% | -20.97% | -9.14% |
How does the expansion into Dharwad align with Avenue Supermarts' broader strategy for penetrating tier-2 and tier-3 cities in Karnataka?
What impact is expected on DMart's same-store sales growth and market share in the Dharwad region following this opening?
Given the rising real estate and operational costs, how might this expansion rate affect the company's EBITDA margins in the upcoming fiscal year?
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